Both TeleDanmark and government sources yesterday confirmed that the former submitted a new bid for the state’s 51% stake in CR on Tuesday, though the actual bid price was not revealed. The Czech MFDnes daily newspaper today quotes a privatization committee document, according to which TeleDanmark’s new bid is CZK 12 bil. (or CZK 764 per share). Another government source was quoted by Reuters yesterday as saying that an agreement between TeleDanmark and the government could be signed by early June.
(Ondřej Daťka)